One of Africa’s leading financial services organisations has a position available for a Procurement Manager.

Education:

Degree in Business Management or equivalent qualification

CA (SA) would be advantageous

Registrations: CIPS

6 - 10 years’ experience in a commercial function, including 4-6 years' experience in managing people

Job Description:

To create and drive the implementation of an appropriate and cost-effective procurement sourcing strategy within the governance and compliance framework of the business with the aim of reducing cost and complexity and improving procurement service levels and efficiency.

Develop and implement a company-wide procurement strategy by considering the business requirements, company affordability (cost implications) and transformation targets in order to ensure appropriate delivery within the governance framework

Craft negotiation strategies, lead supplier negotiations and oversee the conclusion of contracts/service level agreements by considering the consolidated approach in order to achieve a balanced outcome in line with the organization’s risk appetite

Manage and report on metrics which indicate procurement performance levels and improve those performance levels over time

Oversee execution of procurement-related activity to ensure that quality and legislative requirements are adhered to

Maximize opportunities for cost reduction and efficiency improvement by implementing appropriate initiatives such as automation, value add reporting and forecasting.

Build relationships with colleagues, peers and staff by using appropriate interpersonal styles

Liaise with internal and external stakeholders to resolve escalated issues and ensure the end-to-end effectiveness of the procurement function

Interact with others in a way that promotes openness and trust and gives them confidence in one’s intentions

Maintain relationships with business and suppliers through active engagement and structured feedback processes in order to maximize business value through alignment of expectations

Work within assigned budgets to departments for delivery against plans

Create and implement clear staff and resource plans to deliver on the departmental goals

Oversee procurement activities for the function ensuring a consistent and standardized approach to execution of purchases (including selection), management of suppliers and maintenance of vendor related master data

Manage the end to end supplier relationship management process by implementing a structured process of business and supplier engagement in order to manage risk and ensure vendor performance

Ensure the consistency of procurement processes across the business by ensuring that well-defined processes are communicated and understood across the business, and monitoring process compliance

Develop and implement policies and processes for selecting and vetting suppliers by applying best practices in order to maximize value derived from the supplier base

Contribute to the achievement of the transformation plan by implementing processes that ensure that the achievement of set targets on supplier development and procurement is maximized

Monitor and forecast upcoming levels of demand by consolidating procurement requirements across the business as per a well-defined demand management process

Maintain the electronic purchase order system and ensure that it is fit for purpose by considering business needs and cost implications in order to ensure appropriate controls and accurate recording of spend

Support the B-BBEE audit field work done by an independent verifier by maintaining information trail for procurement and supplier development elements of the scorecard

Team Management

Transformation and Innovation Management

Building and maintaining effective relationships with internal and external stakeholders